Klx Energy Services Stock Pattern Recognition Shooting Star

KLXE Stock  USD 4.47  0.06  1.36%   
KLX Energy pattern recognition tool provides the execution environment for running the Shooting Star recognition and other technical functions against KLX Energy. KLX Energy value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of pattern recognition indicators. As with most other technical indicators, the Shooting Star recognition function is designed to identify and follow existing trends. KLX Energy momentum indicators are usually used to generate trading rules based on assumptions that KLX Energy trends in prices tend to continue for long periods.

Recognition
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was eleven with a total number of output elements of fifty. The function did not return any valid pattern recognition events for the selected time horizon. The Shooting Star pattern is one of reversal pattern that can predict KLX Energy Services falling future prices.
JavaScript chart by amCharts 3.21.15OctNovDecNov 11Nov 18Nov 25DecDec 09Dec 164.55.05.56.06.5 20K40K60K80K100K120K140K160K180K200K220K240K260K280K 42.4K42.6K42.8K43K43.2K43.4K43.6K43.8K44K44.2K44.4K44.6K44.8K45K Show all
JavaScript chart by amCharts 3.21.15KLX Energy Services Volume KLX Energy Services Closing Prices Dow Jones Industrial Closing Prices - Benchmark KLX Energy Services Shooting Star

KLX Energy Technical Analysis Modules

Most technical analysis of KLX Energy help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for KLX from various momentum indicators to cycle indicators. When you analyze KLX charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About KLX Energy Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of KLX Energy Services. We use our internally-developed statistical techniques to arrive at the intrinsic value of KLX Energy Services based on widely used predictive technical indicators. In general, we focus on analyzing KLX Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build KLX Energy's daily price indicators and compare them against related drivers, such as pattern recognition and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of KLX Energy's intrinsic value. In addition to deriving basic predictive indicators for KLX Energy, we also check how macroeconomic factors affect KLX Energy price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2021 2022 2023 2024 (projected)
Payables Turnover6.147.387.659.92
Days Of Inventory On Hand18.4815.118.1813.3
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of KLX Energy's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
0.224.489.60
Details
Intrinsic
Valuation
LowRealHigh
3.428.5413.66
Details
1 Analysts
Consensus
LowTargetHigh
19.3421.2523.59
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-0.71-0.86-0.71
Details

Align your values with your investing style

In addition to having KLX Energy in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Banking Idea
Banking
Invested over 40 shares
Automobiles and Trucks Idea
Automobiles and Trucks
Invested over 50 shares
Investor Favorites Idea
Investor Favorites
Invested over 200 shares
Business Services Idea
Business Services
Invested few shares
FinTech Idea
FinTech
Invested over 40 shares
Social Domain Idea
Social Domain
Invested few shares
Impulse Idea
Impulse
Invested few shares
Macroaxis Index Idea
Macroaxis Index
Invested few shares
Technology Idea
Technology
Invested few shares
Investing Idea
Investing
Invested few shares
When determining whether KLX Energy Services is a strong investment it is important to analyze KLX Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact KLX Energy's future performance. For an informed investment choice regarding KLX Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in KLX Energy Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Is Oil & Gas Equipment & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of KLX Energy. If investors know KLX will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about KLX Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.51)
Earnings Share
(2.98)
Revenue Per Share
45.556
Quarterly Revenue Growth
(0.14)
Return On Assets
(0.01)
The market value of KLX Energy Services is measured differently than its book value, which is the value of KLX that is recorded on the company's balance sheet. Investors also form their own opinion of KLX Energy's value that differs from its market value or its book value, called intrinsic value, which is KLX Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because KLX Energy's market value can be influenced by many factors that don't directly affect KLX Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between KLX Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if KLX Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, KLX Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.